In recent years, driven by changes in energy technology and emerging technology companies such as Tesla, the global new energy vehicle industry has achieved explosive growth. my country's new energy vehicle industry is supported by policies and has become the world's largest electric vehicle market since 2015.

　　 In 2017, the production of new energy vehicles reached 794,000, an increase of 53.8% year-on-year, and the year-on-year growth rate increased by 2.1 percentage points. In 2017, the new energy vehicle market accounted for 2.7%, an increase of 0.9% over the previous year. Recently, the Ministry of Industry and Information Technology further stated that it will formulate a timetable for the suspension of fuel vehicles, which provides a strong policy guarantee for the future development of the new energy vehicle industry. It is estimated that the sales of new energy vehicles will maintain a high growth rate of about 40% in the next four years, and the demand of related upstream industries will continue to be driven.

　　 Driven by the booming production and sales of new energy vehicles, my country's lithium-ion power battery production capacity has entered the "Great Leap Forward" since the second half of 2015, and a large amount of social capital has poured in. According to incomplete statistics, in 2016, the production capacity of lithium-ion power batteries built by related enterprises in my country reached 100-130GWh/a. By 2017, the production capacity of power batteries in my country will be close to 200GWh/year. The rapid growth of power battery production capacity will greatly boost the upstream lithium battery material industry. Scale, the demand for key materials will increase substantially.

　　 The scale of the industry has grown steadily, and China’s advantages are expected to expand

　　 In 2017, the growth rate of the main application market for lithium-ion batteries slowed down. The global lithium-ion battery industry scale exceeded RMB 300 billion in the whole year, and the growth rate dropped by 4 percentage points from 2016. Under the continued promotion of new energy vehicle promotion policies, China's electric vehicle production reached 650,000 in 2017, and its share in the global electric vehicle market will further increase.

　　 Power battery leads the growth, and the market share will exceed 60%

In 2017, as domestic mobile phone brands have basically occupied the domestic market, it is more difficult to explore the international market. The growth rate is expected to drop to about 10%. The decline in the output of notebook computers and tablet computers will continue to narrow, but it will still maintain a downward trend. Wearables, drones and other consumer products are expected to show rapid growth, but the overall scale is relatively small. Overall, the market demand for consumer lithium-ion batteries in 2017 will maintain a low growth rate of about 3%. At present, my country's lithium battery material companies are constantly pouring into the international front line, and some materials companies have become one of the global leaders. In the long run, new energy vehicles will become an important industry in my country in the next few years. Chinese materials companies are expected to accelerate their development and usher in opportunities for global competition by virtue of the huge domestic market space.